Parametric Equity Premium Income ETF (PAPI)

NYSE Arca: PAPIExchange-traded fund from Eaton Vance ETFs.

  • Expense ratio0.29%
  • Net assets$521.3M
  • Dividend yield6.10%
  • 1-year return+15.31%
  • Holdings187

PAPI ETF price chart

PAPI quote & trading statistics

PAPI performance

Total return · as of October 18, 2026
  • YTD+13.14%
  • 1 year+15.31%
  • 3 years+11.15%/yr
1Y volatility
11.85%
3Y volatility
0.00%
3Y Sharpe ratio
0.00

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

PAPI top 10 holdings

#SymbolNameWeight
1VLOValero Energy Corporation0.91%
2CRMSalesforce.com Inc0.80%
3DINOHF Sinclair Corp0.80%
4ACNAccenture plc0.79%
5CTSHCognizant Technology Solutions Corp Class A0.77%
6PSXPhillips 660.76%
7MSFTMicrosoft Corporation0.74%
8SWKSSkyworks Solutions Inc0.68%
9INSWInternational Seaways Inc0.65%
10DLBDolby Laboratories0.64%

The top 10 holdings make up 7.5% of the fund (187 holdings in total). As of October 18, 2026.

PAPI sector weights

Technology
14.4%
Consumer Cyclical
12.1%
Energy
11.8%
Healthcare
11.6%
Consumer Defensive
9.8%
Industrials
9.8%
Financial Services
9.4%
Utilities
8.6%
Basic Materials
7.3%
Communication Services
4.6%

PAPI region weights

North America
101.6%
Europe Developed
0.6%
United Kingdom
0.5%
Latin America
0.5%

PAPI asset allocation

U.S. stocks
95.6%
Non-U.S. stocks
2.6%
Cash
1.8%

PAPI market-cap breakdown

Mid cap
37.8%
Small cap
28.0%
Large cap
21.5%
Micro cap
8.2%
Mega cap
1.8%

About Parametric Equity Premium Income ETF

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

PAPI ETF FAQ

What is the PAPI expense ratio?

Parametric Equity Premium Income ETF has a net expense ratio of 0.29%, or $29.00 a year for every $10,000 invested.

How much money is in PAPI?

Parametric Equity Premium Income ETF has about $521.3M in net assets.

What are the top holdings of PAPI?

The largest positions in PAPI are Valero Energy Corporation (0.91%), Salesforce.com Inc (0.80%), HF Sinclair Corp (0.80%). The fund holds 187 securities in total.

How has PAPI performed?

PAPI returned +15.31% over the past year, including reinvested distributions.

Does PAPI pay dividends?

PAPI has a dividend yield of 6.10%.

When was PAPI launched?

Parametric Equity Premium Income ETF began trading on October 16, 2023.